Rio Tinto adds time and money to Jadar lithium-borates project

By Myles McCormick
Published: Wednesday, 24 February 2016

Company allocates $20m to fund lithium project PFS; Serbia more attractive to FDI after legal reform.

Rio Tinto Minerals, the non-metallic division of Anglo-Australian mining behemoth, Rio Tinto Plc, has secured a licencing agreement and committed funding necessary to complete a prefeasibility study (PFS) at its Jadar lithium-borates project in Serbia by the end of 2017.

More than $20m will be invested in the project between...

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